Agilent Technologies Earnings Estimate

A Stock  USD 139.06  1.70  1.24%   
Many public companies, such as Agilent Technologies, manage the perception of their earnings on a regular basis to make sure that analyst estimates are accurate. Future earnings calculations are also an essential input when attempting to value a firm. By analyzing Agilent Technologies' earnings estimates, investors can diagnose different trends across Agilent Technologies' analyst sentiment over time as well as compare current estimates against different timeframes.
 
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Agilent Technologies is projected to generate 1.2 in earnings per share on the 30th of April 2024. Agilent Technologies earnings estimates module stress-tests analyst consensus about projected Agilent Technologies EPS (Earning Per Share) to derive its highest and lowest estimates based on its historical volatility. As of March 3, 2024, Gross Profit is expected to decline to about 3.6 B. In addition to that, Profit Margin is expected to decline to 0.20
  
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Agilent Technologies. Also, note that the market value of any Company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.
For information on how to trade Agilent Stock refer to our How to Trade Agilent Stock guide.

Agilent Technologies Trailing 12 Months Earnings Estimation Breakdown

The calculation of Agilent Technologies' trailing earning per share is based on the data from the past 12 consecutive months, used for reporting the company's financial figures. It's important to note that the trailing twelve months (TTM) value does not typically align with Agilent Technologies' fiscal year or quarter-ending earnings period. The next projected TTM EPS of Agilent Technologies is estimated to be 1.2 with the future projection ranging from a low of 1.17 to a high of 1.31. Please be aware that this consensus of annual earnings estimates for Agilent Technologies is based on EPS before non-recurring items and includes expenses related to employee stock options.
  Current EPS (TTM)
4.19
1.17
Lowest
Expected EPS (TTM)
1.2
1.31
Highest

Agilent Technologies Trailing 12 Months Earnings Projection Consensus

Suppose the current estimates of Agilent Technologies' value are higher than the current market price of the Agilent Technologies stock. In this case, investors may conclude that Agilent Technologies is overpriced and will exhibit bullish sentiment. On the other hand, if the present value is lower than the stock price, analysts may conclude that the market undervalues the equity. These scenarios may suggest that the market is not as efficient as it should be at the estimation time, and Agilent Technologies' stock will quickly adjusts to the new information provided by the consensus estimate.
Number of AnalystsHistorical AccuracyCurrent EPS (TTM)Estimated EPS (TTM) for 30th of April 2024
094.47%
4.19
1.2

Agilent Technologies Earnings History

Earnings estimate consensus by Agilent Technologies analysts from Wall Street is used by the market to judge Agilent Technologies' stock performance. Investors also use these earnings estimates to evaluate and project the stock performance into the future in order to make their investment decisions. However, we recommend analyzing not only Agilent Technologies' upcoming profit reports and earnings-per-share forecasts but also comparing them to our different valuation methods.

Agilent Technologies Quarterly Gross Profit

908 Million

At present, Agilent Technologies' Accumulated Retained Earnings Deficit is projected to decrease significantly based on the last few years of reporting. The current year's Price to Earnings Ratio is expected to grow to 34.86, whereas Earning Before Interest and Taxes EBIT is forecasted to decline to about 1.4 B. At present, Agilent Technologies' Weighted Average Shares is projected to decrease significantly based on the last few years of reporting. The current year's Weighted Average Shares Diluted is expected to grow to about 275.4 M, whereas Issuance Purchase of Equity Shares is forecasted to decline to (493.3 M).
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Agilent Technologies' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy. Please use the tools below to analyze the current value of Agilent Technologies in the context of predictive analytics.
Hype
Prediction
LowEstimatedHigh
137.40138.95140.50
Details
Intrinsic
Valuation
LowRealHigh
128.90130.45152.97
Details
Naive
Forecast
LowNextHigh
138.04139.60141.15
Details
19 Analysts
Consensus
LowTargetHigh
123.53135.75150.68
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Agilent Technologies. Your research has to be compared to or analyzed against Agilent Technologies' peers to derive any actionable benefits. When done correctly, Agilent Technologies' competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Agilent Technologies. Note that many institutional investors and large investment bankers can move markets due to the volume of Agilent assets they manage. They also follow analysts to some degree and often drive overall investor sentiments towards Agilent Technologies. With so many stockholders watching consensus numbers, the difference between actual and projected earnings is one of the most critical factors driving Agilent Technologies' stock price in the short term.

Agilent Technologies Earnings per Share Projection vs Actual

Actual Earning per Share of Agilent Technologies refers to what the company shows during its earnings calls or quarterly reports. The Expected EPS is what analysts covering Agilent Technologies predict the company's earnings will be in the future. The higher the earnings per share of Agilent Technologies, the better is its profitability. While calculating the Earning per Share, we use the weighted ratio, as the number of shares outstanding can change over time.

Agilent Technologies Estimated Months Earnings per Share

For an investor who is primarily interested in generating an income out of investing in entities such as Agilent Technologies, the EPS ratio can tell if the company is intending to increase its current dividend. Although EPS is an essential tool for investors, it should not be used in isolation. EPS of Agilent Technologies should always be considered in relation to other companies to make a more educated investment decision.

Agilent Quarterly Analyst Estimates and Surprise Metrics

Earnings surprises can significantly impact Agilent Technologies' stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
Reported
Fiscal Date
Estimated EPS
Reported EPS
Surprise
2024-02-27
2024-01-311.221.290.07
2023-11-20
2023-10-311.341.380.04
2023-08-15
2023-07-311.361.430.07
2023-05-23
2023-04-301.261.270.01
2023-02-28
2023-01-311.31.370.07
2022-11-21
2022-10-311.391.530.1410 
2022-08-16
2022-07-311.21.340.1411 
2022-05-24
2022-04-301.121.130.01
2022-02-22
2022-01-311.181.210.03
2021-11-22
2021-10-311.171.210.04
2021-08-17
2021-07-310.991.10.1111 
2021-05-25
2021-04-300.830.970.1416 
2021-02-16
2021-01-310.891.060.1719 
2020-11-23
2020-10-310.930.980.05
2020-08-18
2020-07-310.660.780.1218 
2020-05-21
2020-04-300.610.710.116 
2020-02-18
2020-01-310.810.810.0
2019-11-25
2019-10-310.850.890.04
2019-08-14
2019-07-310.720.760.04
2019-05-14
2019-04-300.720.71-0.01
2019-02-20
2019-01-310.730.760.03
2018-11-19
2018-10-310.740.810.07
2018-08-14
2018-07-310.630.670.04
2018-05-14
2018-04-300.640.650.01
2018-02-14
2018-01-310.580.660.0813 
2017-11-20
2017-10-310.620.670.05
2017-08-15
2017-07-310.520.590.0713 
2017-05-22
2017-04-300.480.580.120 
2017-02-14
2017-01-310.490.530.04
2016-11-15
2016-10-310.520.590.0713 
2016-08-17
2016-07-310.470.490.02
2016-05-16
2016-04-300.390.440.0512 
2016-02-16
2016-01-310.430.460.03
2015-11-16
2015-10-310.470.50.03
2015-08-17
2015-07-310.410.440.03
2015-05-18
2015-04-300.390.38-0.01
2015-02-17
2015-01-310.410.410.0
2014-11-17
2014-10-310.890.88-0.01
2014-08-14
2014-07-310.740.780.04
2014-05-14
2014-04-300.730.72-0.01
2014-02-13
2014-01-310.660.670.01
2013-11-14
2013-10-310.760.810.05
2013-08-14
2013-07-310.620.680.06
2013-05-14
2013-04-300.670.770.114 
2013-02-14
2013-01-310.670.63-0.04
2012-11-19
2012-10-310.80.860.06
2012-08-15
2012-07-310.830.79-0.04
2012-05-14
2012-04-300.730.780.05
2012-02-15
2012-01-310.690.690.0
2011-11-15
2011-10-310.810.840.03
2011-08-15
2011-07-310.730.770.04
2011-05-13
2011-04-300.650.740.0913 
2011-02-14
2011-01-310.570.60.03
2010-11-12
2010-10-310.60.650.05
2010-08-16
2010-07-310.480.540.0612 
2010-05-17
2010-04-300.410.430.02
2010-02-12
2010-01-310.320.380.0618 
2009-11-13
2009-10-310.230.320.0939 
2009-08-17
2009-07-310.110.150.0436 
2009-05-14
2009-04-300.130.130.0
2009-02-17
2009-01-310.280.2-0.0828 
2008-11-14
2008-10-310.590.620.03
2008-08-14
2008-07-310.540.53-0.01
2008-05-14
2008-04-300.480.510.03
2008-02-13
2008-01-310.410.420.01
2007-11-15
2007-10-310.520.530.01
2007-08-14
2007-07-310.490.48-0.01
2007-05-14
2007-04-300.440.43-0.01
2007-02-15
2007-01-310.390.390.0
2006-11-14
2006-10-310.540.52-0.02
2006-08-14
2006-07-310.420.460.04
2006-05-15
2006-04-300.370.40.03
2006-02-13
2006-01-310.30.320.02
2005-11-14
2005-10-310.370.380.01
2005-08-15
2005-07-310.260.280.02
2005-05-16
2005-04-300.20.20.0
2005-02-14
2005-01-310.190.20.01
2004-11-11
2004-10-310.310.3-0.01
2004-08-12
2004-07-310.280.30.02
2004-05-17
2004-04-300.240.240.0
2004-02-17
2004-01-310.220.21-0.01
2003-11-17
2003-10-310.050.150.1200 
2003-08-18
2003-07-31-0.07-0.020.0571 
2003-05-19
2003-04-30-0.15-0.150.0
2003-02-21
2003-01-31-0.25-0.230.02
2002-11-18
2002-10-31-0.12-0.5075-0.3875322 
2002-08-19
2002-07-31-0.15-0.31-0.16106 
2002-05-16
2002-04-30-0.23-0.31-0.0834 
2002-02-19
2002-01-31-0.43-0.290.1432 
2001-11-15
2001-10-31-0.58-0.6-0.02
2001-08-20
2001-07-31-0.35-0.240.1131 
2001-05-17
2001-04-300.260.11-0.1557 
2001-02-20
2001-01-310.450.510.0613 
2000-11-20
2000-10-310.540.730.1935 
2000-08-17
2000-07-310.20.390.1995 
2000-05-16
2000-04-300.320.350.03
2000-02-17
2000-01-310.220.30.0836 

About Agilent Technologies Earnings Estimate

The earnings estimate module is a useful tool to check what professional financial analysts are assuming about the future of Agilent Technologies earnings. We show available consensus EPS estimates for the upcoming years and quarters. Investors can also examine how these consensus opinions have evolved historically. We show current Agilent Technologies estimates, future projections, as well as estimates 1, 2, and three years ago. Investors can search for a specific entity to conduct investment planning and build diversified portfolios. Please note, earnings estimates provided by Macroaxis are the average expectations of expert analysts that we track. If a given stock such as Agilent Technologies fails to match professional earnings estimates, it usually performs purely. Wall Street refers to that as a 'negative surprise.' If a company 'beats' future estimates, it's usually called an 'upside surprise.'
Please read more on our stock advisor page.

Pair Trading with Agilent Technologies

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Agilent Technologies position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Agilent Technologies will appreciate offsetting losses from the drop in the long position's value.

Moving against Agilent Stock

  0.73OCX OncoCyte Corp Report 29th of March 2024 PairCorr
The ability to find closely correlated positions to Agilent Technologies could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Agilent Technologies when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Agilent Technologies - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Agilent Technologies to buy it.
The correlation of Agilent Technologies is a statistical measure of how it moves in relation to other equities. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Agilent Technologies moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Agilent Technologies moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Agilent Technologies can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Agilent Technologies offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Agilent Technologies' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Agilent Technologies Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Agilent Technologies Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Agilent Technologies. Also, note that the market value of any Company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.
For information on how to trade Agilent Stock refer to our How to Trade Agilent Stock guide.
Note that the Agilent Technologies information on this page should be used as a complementary analysis to other Agilent Technologies' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.

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When running Agilent Technologies' price analysis, check to measure Agilent Technologies' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Agilent Technologies is operating at the current time. Most of Agilent Technologies' value examination focuses on studying past and present price action to predict the probability of Agilent Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Agilent Technologies' price. Additionally, you may evaluate how the addition of Agilent Technologies to your portfolios can decrease your overall portfolio volatility.
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Is Agilent Technologies' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Agilent Technologies. If investors know Agilent will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Agilent Technologies listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.01)
Dividend Share
0.911
Earnings Share
4.19
Revenue Per Share
22.967
Quarterly Revenue Growth
(0.06)
The market value of Agilent Technologies is measured differently than its book value, which is the value of Agilent that is recorded on the company's balance sheet. Investors also form their own opinion of Agilent Technologies' value that differs from its market value or its book value, called intrinsic value, which is Agilent Technologies' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Agilent Technologies' market value can be influenced by many factors that don't directly affect Agilent Technologies' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Agilent Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if Agilent Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Agilent Technologies' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.